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KAUSALITAS HARGA SAHAM DAN KURS USD/IDR Asep Risman
Jurnal Ilmiah Manajemen dan Bisnis Vol 1, No 2 (2015): Jurnal Ilmiah Manajemen dan Bisnis
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/jimb.v1i2.3682

Abstract

Theoretically Correlation exchange rate on stock prices, there is the relationship (negative) associated withthe performance of the issuer and economic conditions, there is also the approach that shows therelationship because of the behavior of foreign investors related to the investment portfolio, but there isalso approach that states no direct relationship. Likewise, previous studies showed a negative relationshipbeetween stock prices and exchange rates, but there is also research showing that the relationshipsignificant or under certain conditions, and the more extreme results showed no relationship betweenstock prices and exchange rates.In this study, we just want to prove which variable affect other variableswhether the exchange rate affect the price of the stock or just the opposite, based on test granger causality shows stock prices and the exchange rate of USD / IDR turns affect each other, so that the analysis ofchanges in exchange rates can be used to predict the tendency towards the stock price, and vice versa, inaddition to stock price changes are not necessarily directly affect the exchange rate at that time, but ittakes time or lag.
The behavioral finance of MSMEs in the advancement of financial inclusion and financial technology (Fintech) Asep Risman; Anees Janee Ali; Mochamad Soelton; Indra Siswanti
The Indonesian Accounting Review Vol 13, No 1 (2023): January - June 2023
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/tiar.v13i1.3213

Abstract

This study aims to determine empirical evidence of the effect of financial inclusion and financial technology (fintech) on the behavioral finance of MSMEs. This study uses a quantitative method with a positivist paradigm approach. The population of this study is all MSMEs in Indonesia. The sample used in this study is 205 respondents (MSME owners) from all over Indonesia. Sampling is carried out using a random technique. Data collection is carried out by distributing questionnaires, both manually and online using Google Forms, and is measured using a 5-point Likert scale. The data processing is carried out using Partial Least Square (PLS) software with a Structural Equation Modeling (SEM) model. The results of this study show that financial inclusion and financial technology (fintech) have a direct positive effect on the behavioral finance of MSMEs. Financial technology (fintech) can mediate and increase the effect of financial inclusion on the behavioral finance of MSMEs.
Determinants of Firm's Value through Capital Structure, Financial Performance, and Company Growth Rahmah Alwan; Asep Risman
Indikator: Jurnal Ilmiah Manajemen dan Bisnis Vol 7, No 2 (2023)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/indikator.v7i2.18585

Abstract

This study aims to determine the influence of capital structure represented by Debt to Equity Ratio (DER), the financial performance represented by Return on Asset (ROA), and the growth of companies represented by Total Asset Growth (TAG) on the value of companies in the agricultural industry sector listed on the Indonesia Stock Exchange. The population used in this study was as many as 25 companies. The sampling method used is the purposive sampling method, so that 9 companies with 5 years of observation (2016-2020) were obtained so that 45 observational data were produced. The research data was obtained from the Indonesia Stock Exchange website. The data analysis techniques used are descriptive statistics and panel data. The results of the study partially showed that the capital structure (Debt to Equity Ratio) had a negative effect, financial performance (Return on Assets) had a positive effect, and company growth (Total Asset Growth) did not affect the value of the company.